Herndon, VA, is a vibrant hub for technology and innovation, significantly contributing to the economic landscape of the United States. The city's proximity to Washington, D.C., and its strategic location in Northern Virginia make it a prime spot for businesses and job seekers alike. Herndon is witnessing a steady job growth, particularly in the tech sector, driven by local developments and infrastructure projects. The city's economy is bolstered by a mix of established companies and startups, fostering a dynamic job market environment.

Top Industries in Herndon

Herndon is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Herndon include:

Technology
Herndon is a key player in the technology industry, with numerous companies specializing in IT services, cybersecurity, and software development. The tech sector in Herndon is expected to grow by 15% over the next few years, offering lucrative opportunities for professionals.
Range: $80-$150k
Growth rate: 15%
Some job openings:
Amazon Web Services is hiring: Cloud Engineer, Data Scientist
Booz Allen Hamilton is hiring: Cybersecurity Analyst, Software Developer
Healthcare
The healthcare industry in Herndon is expanding, with a focus on innovative healthcare solutions and services. There is a growing demand for healthcare professionals, driven by an increasing population and advancements in medical technology.
Range: $60-$120k
Growth rate: 10%
Some job openings:
Inova Health System is hiring: Registered Nurse, Medical Technician
HCA Healthcare is hiring: Healthcare Administrator, Clinical Research Coordinator
Government Contracting
Herndon is home to several government contracting firms, providing services ranging from defense to IT solutions. This industry is crucial to the local economy, offering stable and well-paying jobs.
Range: $70-$130k
Growth rate: 8%
Some job openings:
Northrop Grumman is hiring: Systems Engineer, Project Manager
General Dynamics is hiring: Defense Analyst, IT Specialist
Finance
The finance sector in Herndon is robust, with opportunities in banking, investment, and financial services. This industry is supported by a strong network of financial institutions and a skilled workforce.
Range: $75-$140k
Growth rate: 7%
Some job openings:
Capital One is hiring: Financial Analyst, Risk Manager
Fannie Mae is hiring: Mortgage Specialist, Credit Analyst

Employment Trends and Growth Rates

Herndon's employment trends indicate a strong growth trajectory, particularly in technology and healthcare sectors. The city's job market is characterized by a low unemployment rate and a high demand for skilled professionals. Income inequality is a concern, with the Gini index reflecting disparities, but efforts are underway to address these through education and job training programs. Job turnover rates are relatively low, suggesting job stability and satisfaction among employees.

Job Market for Remote and Freelance Workers in Herndon

Remote work is becoming increasingly prevalent in Herndon, with approximately 35% of the workforce engaged in remote roles. The tech industry leads in offering remote positions, followed by marketing and design sectors. Local companies such as Amazon Web Services and Booz Allen Hamilton are at the forefront of providing remote work opportunities. The trend towards remote work is expected to continue growing, aligning with national patterns.

Job Resources and Networking

Herndon offers a variety of job resources, including local job boards and career fairs. The Herndon Career Center provides workshops and job placement programs to assist job seekers. Local job boards such as HerndonJobs.com offer listings specific to the area. Entrepreneurial hubs and incubators in the region support startups and innovation, providing additional employment opportunities.

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Property Prices Rankings

The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.

Highest to LowestUpdated: Dec, 2024
Full Property Prices Rankings
Herndon Job Market

"Key Takeaways"

Tech industry has grown by 15% in Herndon, with demand for cloud engineers and data scientists.

Remote work is increasing, with many companies now offering remote opportunities.

Top employers like Amazon Web Services and Booz Allen Hamilton are hiring for various tech roles.

HerndonJobs.com is a great local job board for opportunities.

Tips for Job Seekers in Herndon

Job seekers in Herndon should tailor their resumes to highlight skills relevant to the tech and healthcare industries.

Networking is crucial; attending local career fairs and joining professional groups can enhance job prospects.

A bachelor's degree significantly improves employment opportunities, with many employers seeking candidates with higher education.

Utilizing local resources such as resume workshops and career development programs can provide a competitive edge.